Asian equities were largely lower despite a weaker U.S. dollar overnight, as Japan outperformed and India underperformed.
China Vanke Co. won more support from authorities as its largest state shareholder agreed to provide up to 2.8 billion yuan ($383 million) to help the struggling developer repay outstanding debt.
HONG KONG: Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan (US$383.12 million) loan, in a sign the government is stepping up efforts ...
Some large hedge funds and investors are accumulating long-shunned China property stocks at low prices, anticipating ...
Vanke's Hong Kong-listed shares closed up 2.1% on Tuesday, after opening 8.7% higher, while the Hang Seng Mainland Properties Index slipped 0.5%. China's stock markets were closed on Tuesday for ...
Vanke warned Monday that it incurred major losses in 2024, a filing at the Hong Kong Stock Exchange showed. Vanke said it expected a net loss of approximately 45 billion yuan (US$6.2 billion ...
HONG KONG (Reuters) -Property developer China Vanke's Hong Kong shares firmed on Tuesday following a change of top management that reinforced government support for the company to contain its ...
Shenzhen Metro Group is the Chinese property giant's largest shareholder with the move coming after Vanke said it could make ...
Airport Authority Hong Kong (AAHK) released the air traffic figures for Hong Kong International Airport (HKIA) for January ...